The kneejerk reaction of investors on Saudi Arabia-Iran standoff on Monday cast a spell on the Qatar Stock Exchange as it lost a sizeable 272 points to settle a tad above the 10,000 mark.
Qatar Stock Exchange on Sunday opened the year 2016 with a big fall of 116 points as domestic institutions turned net sellers.
The Qatar Stock Exchange closed the last week of December with a huge 171 points gains to stay above the 10,400 mark.
The real estate and insurance counters witnessed some brisk selling as the 20-stock Qatar Index fell a marginal 0.06% to 10,429.36 points.
The Qatar Stock Exchange gained 37 points to cross the 10,400 mark mainly on the back of buying support from local retail investors.
Local and foreign retail investors as well as Gulf institutions turned net profit takers as the 20-stock Qatar Index was up mere 0.38 points to 10,398.33 points.
